InvestSuite signs a new strategic partnership with Avaloq to accelerate growth
At InvestSuite we are thrilled to announce a new strategic partnership with Avaloq, one of the top banking providers in Europe, with more than 150 banks and wealth managers among their clients and around CHF 4.5 trillion in assets managed worldwide. Strategically headquartered in Zurich, Switzerland, Avaloq has the advantage of being in the proximity of some of the largest and most prestigious private banks in the world.
This development represents a step forward for the international expansion plans that we have had at InvestSuite since day one. Forging strategic relationships with global banking platform and solutions providers enables us to scale our sales and operations internationally, by reaching new customer groups and providing solutions tailored to their needs.
“This partnership will help us accelerate our growth as well as to positively reinforce our reputation as a top global wealthtech company” - Bart Vanhaeren, CEO and co-founder of InvestSuite
By partnering with Avaloq, InvestSuite joins the Avaloq.one ecosystem to collaborate on providing new innovative digital solutions for their financial institutions’ clients around the world. Our product suite, which includes Robo Advisor (automated digital investment solution), Self Investor (next-generation investment platform), Portfolio Optimizer (quantitative portfolio construction) and Story Teller (cutting-edge portfolio reporting), is uniquely suited to help accelerate the digital transformations of Avaloq banking partners and enrich their future wealth management offerings for the coming years.
The enthusiasm for this new collaboration comes from both parties. “We are excited to be able to connect Avaloq’s international banking and wealth management clients with InvestSuite’s innovative wealthtech-as-a-service solutions. As end-clients’ level of technological sophistication is rapidly evolving, the demand for digital investment products and superior user experiences is increasing as well. Amidst this trend, agile and personalized solutions such as InvestSuite’s StoryTeller are well placed to pave the way for the democratization of wealth management.” said Martin Greweldinger, Avaloq Group Chief Product Officer, about the newly-sealed partnership.
The planned next steps include making joint sales visits at Avaloq banking partners and further integrating our solutions into the Avaloq banking core to allow the go-to-market time for our products to be further reduced. We could not be more pleased to be working closely with the Avaloq team to help modernize the wealth propositions of their banking partners and improve their positioning in local markets.